Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Do high grade Ike dollars have long term potential?
>
Reply to Thread
Message:
<p>[QUOTE="KSorbo, post: 1887052, member: 56370"]I really appreciate everyone's insight on my question. I never would have thought that my posting would have generated so much heated discussion.</p><p><br /></p><p>I definitely don't expect to get rich collecting coins. However, one of the joys of collecting, at least for me, is owning coins that are genuinely scarce and in demand, and it's always nice to see my coins increase in value even if I may never sell them. There are lots of coins that are valuable now that we wish we could go back in time and stock up on. Wouldn't it be nice to go back to 1983 and buy a mint sewn bag of quarters? Back in 1998 I bought a Russian mint set at a Moscow flea market for about $15. These coins have no precious metal content and their face value was already worthless when I bought them due to hyperinflation. However, they aren't "junk" or "worthless" anymore because that set is selling for around $400 on Ebay. Who would have thought that the Russian coin market would skyrocket due to a massive increase in ordinary Russians' standard of living? Economics is always full of surprises and supply and demand can come together in ways we least expect.</p><p><br /></p><p>Even if Ike dollars never take off it's still fun to speculate a little bit. Regardless of whether the design is ugly, it is the only circulation coin that celebrates our accomplishment of landing on the moon, so maybe sometime it will cease to be "modern" and become a classic. (I guess the Susan B's have the lunar reverse as well but those really are ugly...)[/QUOTE]</p><p><br /></p>
[QUOTE="KSorbo, post: 1887052, member: 56370"]I really appreciate everyone's insight on my question. I never would have thought that my posting would have generated so much heated discussion. I definitely don't expect to get rich collecting coins. However, one of the joys of collecting, at least for me, is owning coins that are genuinely scarce and in demand, and it's always nice to see my coins increase in value even if I may never sell them. There are lots of coins that are valuable now that we wish we could go back in time and stock up on. Wouldn't it be nice to go back to 1983 and buy a mint sewn bag of quarters? Back in 1998 I bought a Russian mint set at a Moscow flea market for about $15. These coins have no precious metal content and their face value was already worthless when I bought them due to hyperinflation. However, they aren't "junk" or "worthless" anymore because that set is selling for around $400 on Ebay. Who would have thought that the Russian coin market would skyrocket due to a massive increase in ordinary Russians' standard of living? Economics is always full of surprises and supply and demand can come together in ways we least expect. Even if Ike dollars never take off it's still fun to speculate a little bit. Regardless of whether the design is ugly, it is the only circulation coin that celebrates our accomplishment of landing on the moon, so maybe sometime it will cease to be "modern" and become a classic. (I guess the Susan B's have the lunar reverse as well but those really are ugly...)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Do high grade Ike dollars have long term potential?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...